ATRAXION: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ATRAXION
Largest movements
- Stocks and contracts +€366,775
up €366,775 (+8.7%), from €4.2m to €4.6m
- Receivables within one year +€311,529
up €311,529 (+21.8%), from €1.4m to €1.7m
of which Trade receivables: +€356,970
- Cash -€146,423
down €146,423 (-8.5%), from €1.7m to €1.6m
mainly Stocks and contracts (-€366,775) and Receivables within one year (-€311,529)
- Reserves +€577,348
up €577,348 (+12.1%), from €4.8m to €5.3m
of which Distributable reserves: +€577,348
- Trade debts +€382,043
up €382,043 (+11.1%), from €3.4m to €3.8m
- Debts after one year -€183,247
down €183,247 (-18.9%), from €968,965 to €785,718
- Current portion of long-term debt -€163,667
down €163,667 (-55.5%), from €294,687 to €131,020
- Gross operating margin +€287,634
up €287,634 (+13.7%), from €2.1m to €2.4m
- Taxes +€80,287
up €80,287 (+60.6%), from €132,591 to €212,878
- Depreciation -€52,783
down €52,783 (-24.0%), from €219,926 to €167,143
- Other operating charges +€29,841
up €29,841 (+288%), from €10,378 to €40,219
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,986,450 | €10,645,044 | +€658,594 | +6.6% |
| Fixed assets | 21/28 | €542,808 | €628,737 | +€85,929 | +15.8% |
| Tangible fixed assets | 22/27 | €542,808 | €628,737 | +€85,929 | +15.8% |
| Land and buildings | 22 | €186,344 | €250,461 | +€64,117 | +34.4% |
| Plant, machinery and equipment | 23 | €139,875 | €149,474 | +€9,599 | +6.9% |
| Furniture and vehicles | 24 | €216,589 | €228,802 | +€12,213 | +5.6% |
| Current assets | 29/58 | €9,443,642 | €10,016,307 | +€572,665 | +6.1% |
| Amounts receivable after more than one year | 29 | €2,032,326 | €2,072,972 | +€40,647 | +2.0% |
| Trade receivables | 290 | €2,032,326 | €2,072,972 | +€40,647 | +2.0% |
| Stocks and contracts in progress | 3 | €4,194,585 | €4,561,360 | +€366,775 | +8.7% |
| Stocks | 30/36 | €4,194,585 | €4,561,360 | +€366,775 | +8.7% |
| Amounts receivable within one year | 40/41 | €1,430,546 | €1,742,075 | +€311,529 | +21.8% |
| Trade receivables | 40 | €1,266,766 | €1,623,735 | +€356,970 | +28.2% |
| Other amounts receivable | 41 | €163,780 | €118,339 | -€45,441 | -27.7% |
| Cash at bank and in hand | 54/58 | €1,712,675 | €1,566,252 | -€146,423 | -8.5% |
| Deferred charges and accrued income | 490/1 | €73,511 | €73,648 | +€137 | +0.2% |
| Total equity and liabilities | 10/49 | €9,986,450 | €10,645,044 | +€658,594 | +6.6% |
| Equity | 10/15 | €4,784,326 | €5,361,675 | +€577,348 | +12.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,765,734 | €5,343,083 | +€577,348 | +12.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €4,707,625 | €5,284,974 | +€577,348 | +12.3% |
| Amounts payable | 17/49 | €5,202,124 | €5,283,370 | +€81,246 | +1.6% |
| Amounts payable after more than one year | 17 | €968,965 | €785,718 | -€183,247 | -18.9% |
| Financial debts | 170/4 | €968,965 | €785,718 | -€183,247 | -18.9% |
| Amounts payable within one year | 42/48 | €4,214,617 | €4,485,109 | +€270,492 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €294,687 | €131,020 | -€163,667 | -55.5% |
| Trade debts | 44 | €3,438,764 | €3,820,807 | +€382,043 | +11.1% |
| Suppliers | 440/4 | €3,438,764 | €3,820,807 | +€382,043 | +11.1% |
| Taxes, remuneration and social security | 45 | €350,589 | €398,135 | +€47,546 | +13.6% |
| Taxes | 450/3 | €162,588 | €207,378 | +€44,790 | +27.5% |
| Remuneration and social security | 454/9 | €188,002 | €190,758 | +€2,756 | +1.5% |
| Other amounts payable | 47/48 | €130,577 | €135,147 | +€4,570 | +3.5% |
| Accrued charges and deferred income | 492/3 | €18,543 | €12,543 | -€6,000 | -32.4% |
| Remuneration, social security and pensions | 62 | €1,405,486 | €1,418,468 | +€12,982 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219,926 | €167,143 | -€52,783 | -24.0% |
| Other operating charges | 640/8 | €10,378 | €40,219 | +€29,841 | +288% |
| Gross operating margin | 9900 | €2,105,997 | €2,393,630 | +€287,634 | +13.7% |
| Operating profit (loss) | 9901 | €470,207 | €767,801 | +€297,594 | +63.3% |
| Financial income | 75/76B | €97,903 | €104,721 | +€6,818 | +7.0% |
| Recurring financial income | 75 | €97,903 | €104,721 | +€6,818 | +7.0% |
| Financial charges | 65/66B | €102,100 | €82,295 | -€19,805 | -19.4% |
| Recurring financial charges | 65 | €102,100 | €82,295 | -€19,805 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €466,010 | €790,227 | +€324,217 | +69.6% |
| Income taxes | 67/77 | €132,591 | €212,878 | +€80,287 | +60.6% |
| Profit (loss) for the period | 9904 | €333,419 | €577,348 | +€243,929 | +73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €333,419 | €577,348 | +€243,929 | +73.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.